Non-Animal Alternatives Testing Market Forecast 2024-2033: Growth Rate, Drivers, And Trends

The Non-Animal Alternatives Testing by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

Learn More On The Non-Animal Alternatives Testing Market:

https://www.thebusinessresearchcompany.com/report/non-animal-alternatives-testing-global-market-report

According to The Business Research Company’s Non-Animal Alternatives Testing, The non-animal alternatives testing market size has grown rapidly in recent years. It will grow from $2.08 billion in 2023 to $2.33 billion in 2024 at a compound annual growth rate (CAGR) of 11.9%.  The  growth in the historic period can be attributed to  strong economic growth in emerging markets, the high costs of animal studies, the increasing adoption of in-vitro and in-silico technologies in basic research, the rising investments and the rise in research grants for developing alternative technologies and the increasing social awareness against animal cruelty..

The non-animal alternatives testing market size is expected to see rapid growth in the next few years. It will grow to $3.63 billion in 2028 at a compound annual growth rate (CAGR) of 11.8%.  The growth in the forecast period can be attributed to  government programs for non-animal alternative testing, the rise in the number of research and development activities and ethical concerns on animal experimentations will drive the growth.. Major trends in the forecast period include  focus on advancing ooc technology, focus on use of in silico trials, developing advanced 3d bio-printed organs and tissues, use of model organisms, collaborations and partnerships, and rising initiatives and grants to promote animal-free testing..

The support from the government and non-governmental organizations boosts the growth of the non-animal testing market. The government organizations enforce laws and regulations, raise funds to support non-animal testing methods such as tests on human volunteers, and advanced computer-modeling techniques, and also fund studies with human volunteers. In order to support non-animal testing, People for the Ethical Treatment of Animals (PETA) India, in 2022, announced a grant of 7 lakh rupees in order to advance animal-free methods for toxicology testing. Similar research programs to promote non-animal testing procedures are also initiated by countries such as Denmark, Brazil, Germany, Switzerland, Australia, China, and Korea. The constant support from the government drives the growth of the non-animal testing market.

Get A Free Sample Of The Report (Includes Graphs And Tables):

https://www.thebusinessresearchcompany.com/sample.aspx?id=2819&type=smp

The non-animal alternatives testing market covered in this report is segmented –

1) By Technology: Cell Culture Technology, High Throughput Technology, Molecular Imaging, Omics Technology, Other Technologies

2) By Method: Cellular Assay, Biochemical Assay, In Silico, Ex-Vivo

3) By End-User: Pharmaceutical Industry, Cosmetics And Household Products, Diagnostics, Chemicals Industry, Food And Beverage Industry, Other End Users

Major Companies operating in non-animal alternative testing are collaborating to alternatives to animal testing to gain a competitive edge in the market. The company’s collaboration accelerates the use of animal-free safety science. For instance, in February 2023, Unilever, a UK-based company that manufactures healthcare products collaborated with global partnership of cosmetics manufacturers and suppliers, industry associations and animal protection organizations. This partnership aims to support innovation in animal-free cosmetics and personal care products and ingredients by funding and, scientific evaluation of new safety assessment approaches to help build confidence in animal-free safety science.

The non-animal alternatives testing market report table of contents includes:

 

  1. Executive Summary
  2. Non-Animal Alternatives Testing Market Characteristics
  3. Non-Animal Alternatives Testing Market Trends And Strategies
  4. Non-Animal Alternatives Testing Market – Macro Economic Scenario
  5. Global Non-Animal Alternatives Testing Market Size and Growth

.

.

.

  1. Global Non-Animal Alternatives Testing Market Competitive Benchmarking
  2. Global Non-Animal Alternatives Testing Market Competitive Dashboard
  3. Key Mergers And Acquisitions In The Non-Animal Alternatives Testing Market
  4. Non-Animal Alternatives Testing Market Future Outlook and Potential Analysis
  5. Appendix

Top Major Players:

  • Evotec SE (Cyprotex)
  • BioIVT
  • Emulate, Inc
  • MatTek Corporation
  • SGS SA

Contact Us:

The Business Research Company

Europe: +44 207 1930 708

Asia: +91 88972 63534

Americas: +1 315 623 0293

Email: [email protected]

 

Follow Us On:

LinkedIn: https://in.linkedin.com/company/the-business-research-company  

Twitter: https://twitter.com/tbrc_info  

Facebook: https://www.facebook.com/TheBusinessResearchCompany  

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ  

Blog: https://blog.tbrc.info/  

Healthcare Blog: https://healthcareresearchreports.com/  

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model